De Beers to bring Gahcho Kue to feasibility (December 01, 2003)
Budgets have been approved for a full feasibility study at the Gahcho Kue (Kennady Lake) diamond project in the Nor…
Articles by Northern Miner Staff
Gabriel adds 1.5m oz. to Rosia Montana
An updated resource estimate by Gabriel Resources (GBU-T) at its advanced 80%-owned Rosia Montana gold project in R…
Nevsun hits new zone at Bisha (December 01, 2003)
Drilling at the Bisha project in Eritrea has led to the discovery of a new massive sulphide zone, reports Nevsun Re…
Hot holes in Romania for European Goldfields
A resumption of drilling in early November at European Goldfields’ (EGU-V) 80%-owned Certej and Sacaramb gold proje…
Trading Summary (December 01, 2003)
Gold finally topped US$400 per oz. in trading on Monday, with the London afternoon fix at US$400.25 and the closing…
Daily Metal Prices (December 01, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 25Nov. 24Nov. 21Nov. 20Nov. 19Al Alloy1390/141…
Court rejects Oka appeal
A Quebec court has rejected an appeal by the Union of Agricultural Producers (UPA) against an earlier ruling in favour of Niocan’s (NIO-T) niobium mining project in Oka, Que.The group had voiced conce…
European Mnrls ups Varvarinskoye reserves
A review by Arizona-based Mintec has boosted by 73% the proven and probable reserves at European Minerals’ (EPM.U-T) Varvarinskoye gold-copper deposit in northern Kazakstan.Based on a gold price of US…
LME Warehouse Levels (December 01, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 24 (change from Nov. 17 in brackets):MetalStock(tonnes)ChangeAluminium1393200(+8…
CNQ applies for exchange status
The Canadian Trading and Quotation System (CNQ), a small-cap equity market, has applied to the Ontario Securities Commission (OSC) for recognition as a stock exchange.The CNQ is currently a quotation …
Lending Rates (December 01, 2003)
as of 4 pm ET, Nov. 25, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.17LIBOR US$ …
Gold sparks on Barrick news
Buyers overtook sellers over the Nov. 19-25 report period, pushing the Toronto Stock Exchange composite index up 84.95 points to a close of 7,822.34.Gold producers were not so lucky, as physical price…